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105-109 Ne 5Th Avenue, Aledo, IL 61231

$120,000

2,816 sq ft
MLS# 1263753
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Prime Investment Opportunity: 105-109 Northeast 5th Street, Aledo! Unlock incredible income potential in the heart of Aledo with this well-maintained four-unit building.

This property represents a premier opportunity for investors seeking immediate cash flow and long-term stability. The strategic layout features two spacious two-bedroom units alongside two efficient studio units, ensuring a diverse appeal that caters to a wide range of local rental needs. What truly sets this investment apart is the perfect balance of stability and immediate growth. The building is currently anchored by reliable, long-term tenants, providing a solid foundation for your portfolio from day one. Additionally, one unit is currently vacant and move-in ready, offering the immediate upside of placing a new tenant at current market rates or even pursuing an owner-occupied financing strategy. Located within easy reach of local Aledo schools, parks, and downtown amenities, this turnkey multi-family property is built to perform. Whether you are expanding an existing portfolio or looking for a strong entry into the market, this is an income-producer you don't want to miss.

Property Details

City
Aledo
County
Mercer
Subdivision
Original Town Aledo
Schools
  • Mercer County
Type
Residential Income
Garage
  • Attached
New Construction
No
Square Ft.
2,816
Acres
0.17
Apx Lot Size
60X120
Year Built
1938

Features

Roofing
  • Shingle
Garage/Parking
  • Attached
Basement
  • Crawl Space
  • Partial
  • Unfinished
Heating/Cooling
  • Baseboard
  • Electric
  • Forced Air
  • Natural Gas
  • Gas Water Heater
  • Window Unit(S)
Water/Sewer
  • Public Sewer
  • Public
Road/Access
  • Paved
Laundry Facilities
  • Private
  • Units Hook-Ups
Lease Information
  • Variable

Financials

2024 Taxes
3817
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of Adam Merrick Real Estate, Adam Merrick, as of 02/17/2026 14:15pm exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.